The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-17


Marion, three wells 5000, COO
kokomo, four wells 5000. 600
Noblesville, three wells 13, 600. 600
Anderson, two wells Is. 600, 600
Greenfield, one well ------- 5000, 900
Jonesboro, one we'll ACKNOWLEDGEMENTS. 10000 900
Fairmont, we'll IL 500, 900
Dunkrk one well Observation-Disclosures. 1000, 900
Alexandria, well 1000, 600
Elwood one well Observation-Disclosures 1900. 900
Hartford City, two wells ---..--.-.. 1000, 600
Winchester, one well 1000, 900
Franklin, we'll ], 800. 600
Pendleton, well. Observation-Disclosures. 500. 600
Total 600 900
Coal. when purchased in large guam
titles. is worth $40 ton. We have
it. upon reliable authority. that q ton
capacity equal to 200 cubic feet of gas. 1t will
be seen, therefore, that ne output of the above
wells annually is equal to COS, 125 tons of coal
worth s100595O0 and the output of the two
Anderson wells, measured by COAL of which 1t is
equivalent, is Sd, 500 per day, and for a year
of 1865 days $1.642, 500. Now. if we estimate
that gas at the base of supplies can be furnished
the consumers at onefourth the cost of coal the
annual saving. provided all the gas is used.
would be 81 %, $50. 1t occurs to the writer that
all the Indiana cities and towns In or near the
gas belt. with fair railroad facilities. must in the
future grow into great manufacturing
points.
here timid, and allowed the drill to pene-
trate the Trenton rock but seven feet The flow
of gas was immense, considering the depth, be-
ing about four million cubic feet per day. The
drill is now being sent deeper in this well with
good results When the great well at Mobiles
vile struck. it was thought that the highest
possible results had been obtained and by its adj
rniring friends it christened the VAIN
wright Wonder" But the Wonder king
for day, being surpassed by the great No z
well here. called by the delighted people 'Nesu-
vius." the output of which is nearly twelve mill
ion cubic feet every twenty-four hours. look
at the great flaming wonder after nighttall Will
repay a long and tedious journey The well is
located in beautiful glen near the banks OF
White river. The hills around are covered with
forest trees while the cliffs and river banks are
broken and picturesque. The gas Is plpeo
from the well in three large outiy-
ing pipes, extended to the river pank
aud from these the great volume of flame. one
hundred feet in length, leaps and dances, with
roar like Niagara, over the river lighting up the
scene with almost noontide splendor, and caus-
ing the waters of the river to steam and boil like
a gigantic canldron To describe 1t IS simply
impossible 1t is grand and awe-ins2iring and
would we'll serve Dore il his illustration of
Daute's Inferno.
While there has been sharp advance in the
prices of real estate here especially in outside
nronerty it IS still much lower than in other gas
towns of equal size The town has not been
systematically doomed, and what purchases
have been made have been actual values
The citizens here opposed
ary measures that would cause
speculation or fictitious prices that must. OF
cessty be followed bv depression and stagpa
ton They prefer rather a steady and certain
growth and the gradual increase that must come
with solid prosperity.
The Aniers an Board of Trade has been duly
Incorporated Ter the laws Of the State It's